ModelOp wins the ‘Best AI Governance Software’ award from the prestigious Netty Awards as enterprises increasingly adopt AI-driven solutions – including generative AI and Large Language Models (LLMs).
CHICAGO, March 18, 2025 /PRNewswire/ — ModelOp, the leading AI Governance software for enterprises, announced today that it was awarded the Best AI Governance Software Award from Netty Awards. The firm has emerged as a leader, enabling Fortune 500 to accelerate AI innovation and bring AI initiatives to market faster while ensuring they remain safe, effective, and compliant.
ModelOp’s AI Governance software is the first commercially available software to provide comprehensive oversight for all AI systems, from in-house and third-party vendor models to embedded systems and agentic AI like Microsoft Copilot and Salesforce Agentforce. Unlike fragmented, manual governance approaches, ModelOp automates compliance workflows, integrates seamlessly with existing IT investments, and provides real-time insights into AI risk, performance, and value.
At the core of ModelOp’s innovation is its governance inventory, a single source of truth that tracks AI use cases and their impact across an enterprise. Coupled with automated controls that enforce compliance at scale and streamlined reporting for real-time executive insights, ModelOp ensures AI systems are managed responsibly while accelerating time-to-value. ModelOp customers have reduced the time it takes to bring AI initiatives to market from more than 12 months to fewer than 6 months — a 2X increase in speed to production.
Additionally, ModelOp pioneered two key AI governance innovations this past year:
- AI Governance Score: The world’s first standardized metric that enables executives to measure risk and compliance across diverse AI initiatives, providing much-needed transparency.
- First Generative AI Governance Software: The first commercially available governance solution for generative AI and LLMs, allowing enterprises to track value, enforce governance controls, monitor performance, and manage LLM ensembles effectively.
ModelOp’s enterprise-grade AI governance capabilities have delivered transformative results, enabling Fortune 500 companies to scale AI initiatives with confidence:
- 2x increase in speed to production for AI models
- 80% reduction in time required to manage AI models in production
- 100% assurance that all AI models comply with business and regulatory policies
- Enterprise-wide AI visibility, ensuring leadership understands AI’s risks, performance, and ROI
These successes are demonstrated by real-world business outcomes across industries. For instance, a major global financial services company sought to enhance fraud detection capabilities while minimizing false alarms. Their existing system required manual intervention to route flagged transactions, leading to inefficiencies and escalating costs. As fraud became more sophisticated, the volume of false positives increased.
To address these challenges, the company integrated ModelOp Center as the backbone of its AI-driven fraud detection platform. This enabled automated model deployment, real-time performance monitoring, and streamlined compliance enforcement. As a result, fraud detection and prevention significantly improved, reducing exposure and realizing multi-million-dollar OPEX savings. The company also reduced fraud model deployment time by 50%, mitigating operational and regulatory risks while standardizing AI-driven fraud detection across the enterprise.
ModelOp is at the forefront of AI governance by pioneering AI spend and value rationalization, risk-tiering automation, regulatory workflows, and AI governance scoring to help enterprises adapt to evolving regulations like the EU AI Act and the patchwork of bills and laws across individual states in the U.S. Its technology-agnostic approach ensures seamless integration with existing AI investments, allowing organizations to implement governance without disrupting innovation.
ModelOp has been recognized as a leading vendor in Gartner’s AI Trust, Risk, Security Management (TRiSM) market guide. Additionally, MMC Ventures included ModelOp in its prestigious ‘Who’s Who in Responsible AI’ list, further reinforcing its leadership in AI governance and compliance.
Last year, ModelOp achieved additional milestones:
- Raised $10 million in Series B equity financing led by Baird Capital with participation from existing investors.
- Won the AI Breakthrough Award for “Best AI Governance Platform.”
- Named to Inc’s Best in Business List in the AI and Data category
About ModelOp
ModelOp is the leading AI Governance software for enterprises and helps safeguard all AI initiatives – including generative AI, Large Language Models (LLMs), in-house, third-party, and embedded systems – without stifling innovation. Through automation and integrations, ModelOp empowers enterprises to quickly address the critical governance and scale challenges necessary to protect and fully unlock the transformational value of enterprise AI – resulting in effective and responsible AI systems. Visit https://www.modelop.com to learn more.
About the Netty Awards
The Netty Awards celebrate excellence across industries in digital innovation, recognizing leaders in AI, technology, and governance. With a rigorous selection process and a history of honoring industry trailblazers, the Netty Awards are among the most prestigious recognitions for companies shaping the future of enterprise technology.
SOURCE ModelOp